Construction Today - January 2017 - 1

EDITOR'S LETTER
EDITORIAL
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John Krukowski (jkrukowski@khmginc.com)
CT EDITORS
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Jim Harris (jharris@khmginc.com)
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McDonough, Sam Laurin, Thomas J. Madigan, Efstathios Valioti,
Duane Wingate

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ART DIRECTOR
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The Ride to 2017

The construction industry
in the years since the Great
Recession has resembled
the uphill climb of a roller
coaster, albeit one that
has different levels of
acceleration.

The uptick for the industry
seemed to taper off a bit in
2016 as the train started to
move from its hill to a straight
track rather than continue
upward. The 2017 Dodge
Construction Outlook, released
in October by Dodge Data &
Analytics, estimated total U.S.
construction starts of 1 percent,
which was lower than 2016's
gains of 11 percent.
The report predicts that total
construction starts will reach
$713 billion in 2017, a 5 percent increase. Although this is
only an incremental increase

from 2016, it's good news for companies that
may have feared a sharp decline.
Sector-specific increases include a 12 percent
increase in single-family housing, a 6 percent
increase in commercial building and a 10
percent increase in institutional building. One
area that will see fewer projects is the electric
utility and gas plant sector, which is projected
to fall by 29 percent as new generator capacity
comes online.
With these increases comes a general sense
of cautious optimism, particularly from small
business owners. These companies were the
subject of another recent report, Hiscox USA's
8th annual "DNA of an Entrepreneur" study,
detailed by Lou Casale on page 34.
We hope the construction industry continues
to move forward in 2017, even if the acceleration rate may not be as rapid as it was a few
years ago. Even reaching a level track is preferable to the industry's roller coaster taking a steep
plummet downward.

jharris@khmginc.com | Construction Today Editor

PLEASE NOTE: The opinions expressed by interviewees, contributors and advertisers within this publication do not necessarily coincide with those of the editor

and publisher. Every reasonable effort is made to ensure that the information published is accurate, but no legal responsibility for loss occasioned by the use of such
information can be accepted by the publisher. All rights reserved. The contents of the magazine are strictly copyright, the property of Construction Today, and may not
be copied, stored in a retrieval system, or reproduced without the prior written permission of the publisher.

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Table of Contents for the Digital Edition of Construction Today - January 2017

Contents
Construction Today - January 2017 - Cover1
Construction Today - January 2017 - Cover2
Construction Today - January 2017 - 1
Construction Today - January 2017 - 2
Construction Today - January 2017 - Contents
Construction Today - January 2017 - 4
Construction Today - January 2017 - 5
Construction Today - January 2017 - 6
Construction Today - January 2017 - 7
Construction Today - January 2017 - 8
Construction Today - January 2017 - 9
Construction Today - January 2017 - 10
Construction Today - January 2017 - 11
Construction Today - January 2017 - 12
Construction Today - January 2017 - 13
Construction Today - January 2017 - 14
Construction Today - January 2017 - 15
Construction Today - January 2017 - 16
Construction Today - January 2017 - 17
Construction Today - January 2017 - 18
Construction Today - January 2017 - 19
Construction Today - January 2017 - 20
Construction Today - January 2017 - 21
Construction Today - January 2017 - 22
Construction Today - January 2017 - 23
Construction Today - January 2017 - 24
Construction Today - January 2017 - 25
Construction Today - January 2017 - 26
Construction Today - January 2017 - 27
Construction Today - January 2017 - 28
Construction Today - January 2017 - 29
Construction Today - January 2017 - 30
Construction Today - January 2017 - 31
Construction Today - January 2017 - 32
Construction Today - January 2017 - 33
Construction Today - January 2017 - 34
Construction Today - January 2017 - 35
Construction Today - January 2017 - 36
Construction Today - January 2017 - 37
Construction Today - January 2017 - 38
Construction Today - January 2017 - 39
Construction Today - January 2017 - 40
Construction Today - January 2017 - 41
Construction Today - January 2017 - 42
Construction Today - January 2017 - 43
Construction Today - January 2017 - 44
Construction Today - January 2017 - 45
Construction Today - January 2017 - 46
Construction Today - January 2017 - 47
Construction Today - January 2017 - 48
Construction Today - January 2017 - 49
Construction Today - January 2017 - 50
Construction Today - January 2017 - 51
Construction Today - January 2017 - 52
Construction Today - January 2017 - 53
Construction Today - January 2017 - 54
Construction Today - January 2017 - 55
Construction Today - January 2017 - 56
Construction Today - January 2017 - 57
Construction Today - January 2017 - 58
Construction Today - January 2017 - 59
Construction Today - January 2017 - 60
Construction Today - January 2017 - 61
Construction Today - January 2017 - 62
Construction Today - January 2017 - 63
Construction Today - January 2017 - 64
Construction Today - January 2017 - 65
Construction Today - January 2017 - 66
Construction Today - January 2017 - 67
Construction Today - January 2017 - 68
Construction Today - January 2017 - 69
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Construction Today - January 2017 - Cover3
Construction Today - January 2017 - Cover4
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